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Day: February 4, 2025

Portfolio Update: Sale of portfolio company Hospital Services Group delivers up to 8.5x return for Foresight VCT PLC

The Board of Foresight VCT Plc (the “Company”) is pleased to announce the successful sale of portfolio company Hospital Services Group Limited (“HSL”), a leading healthcare equipment distributor and service provider operating in Ireland, Northern Ireland and Great Britain. The transaction generated proceeds of £26.2 million at completion with potential for a further up to £1.0 million over the coming years, implying a return and IRR of up to 8.5 times the original investment and 25.7% respectively. Prior to the sale of HSL, the Company’s NAV per ordinary share stood at 80.1p, to which the exit will add 1.7p, giving a pro forma NAV per ordinary share of 81.8p. Since the original investment, the manager, Foresight Group LLP, has taken a proactive approach to supporting HSL and the business has successfully completed a series of acquisitions,...

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Pet Valu Ventures into Sustainable Transportation with First Two Volvo VNR Electric Trucks

Pet Valu Volvo VNR Electric TruckVolvo Trucks North America customer, Pet Valu, Canada’s leading specialty retailer of pet food and pet-related supplies, has added two Volvo VNR Electric trucks to its fleet as part of the company’s ongoing supply chain transformation.Surrey, British Columbia, Feb. 04, 2025 (GLOBE NEWSWIRE) — Volvo Trucks North America customer, Pet Valu, Canada’s leading specialty retailer of pet food and pet-related supplies, has added two Volvo VNR Electric trucks to its fleet as part of the company’s ongoing supply chain transformation. The zero-tailpipe emission trucks will help Pet Valu achieve its vision of building Canada’s strongest pet specialty distribution network.  The two Volvo VNR Electric trucks will operate from Pet Valu’s new 350,000-square-foot LEED-Gold certified distribution center...

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UDF IV Urges Shareholders to Vote “FOR” Ready Capital Merger Agreement Ahead of March 4, 2025 Special Meeting of Shareholders

UDF IV shareholders may receive up to $5.89 per UDF share through a combination of: (i) pre-closing distributions of UDF IV’s own cash from its balance sheet, (ii) shares issued at closing by Ready Capital for UDF IV shares, and (iii) contingent value rights Visit www.udfivreadycapmerger.com for Voting Instructions and Other Information IRVING, Texas, Feb. 04, 2025 (GLOBE NEWSWIRE) — United Development Funding IV (“UDF IV” or the “Trust”) today mailed a letter to UDF IV shareholders urging them to vote “FOR” the Ready Capital merger as soon as possible ahead of the Special Meeting of Shareholders on March 4, 2025. Voting to support the merger is critical to ensuring that shareholders can receive the compelling value it will deliver. Abstentions from voting will have the same effect as votes against the merger. The full text of...

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ATIF Holdings Limited Announces Approximately $2.5 Million Registered Direct and Private Placement

LAKE FOREST, Calif., Feb. 04, 2025 (GLOBE NEWSWIRE) — ATIF Holdings Limited (Nasdaq: ZBAI) (the “Company”), a Lake Forest-based business consulting company that specializes in providing professional IPO, M&A advisory and post-IPO compliance services to small and medium-sized companies seeking to go public on a stock exchange in the United States, today announced that it has entered into definitive agreements with an institutional investor for the purchase and sale of its ordinary shares, par value $0.001 per share (“Ordinary Shares”) and pre-funded warrants to purchase Ordinary Shares (each, a “Pre-Funded Warrant”) in a registered direct offering. In a concurrent private placement, the Company also agreed to sell to the same investor warrants to purchase Ordinary Shares (the “Warrants”). Aggregate gross proceeds to the Company...

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Double Deuce Exploration Corp. Acquires Property in Prolific Chibougamau Mining Camp of Quebec

VANCOUVER, British Columbia, Feb. 04, 2025 (GLOBE NEWSWIRE) — Double Deuce Exploration Corp. (CSE-DD) Double Deuce Exploration Corp. (the “Company”) is pleased to announce that it has signed a Definitive Option Agreement (the “Agreement”) from a single private owner (The “Vendor”) to acquire a 100% undivided interest in the Lac Big-Rush Property (the “Property”), located in a highly prospective area within the Chibougamau Mining Camp of Quebec. This prolific camp has experienced a revival of interest over the last few years due to a number of companies focused on advancing noteworthy projects in the resource development stage. For example, Iamgold Corporation’s Nelligan project is host to 73.5 million tonnes at 0.84 gram per tonne (“g/t”) totalling 2.0 Moz in the indicated resource category and 129.5 millions tonnes at 0.87 g/t...

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Integra LifeSciences to Host Fourth Quarter and Full Year 2024 Financial Results Conference Call on February 25, 2025

PRINCETON, N.J., Feb. 04, 2025 (GLOBE NEWSWIRE) — Integra LifeSciences Holdings Corporation (NASDAQ: IART), a leading global medical technology company, will release fourth quarter and full year 2024 financial results on Tuesday, February 25, 2025, prior to the market open. In conjunction with the earnings release, Integra’s management team will host a conference call at 8:30 a.m. ET. A live webcast will be available on the Investors section of the Company’s website at investor.integralife.com. For those planning to participate on the call, register here to receive dial-in details and an individual pin. While not required, joining 10 minutes before the event starts is recommended. A webcast replay of the conference call will be available on the Investors section of the Company’s website following the call. About Integra LifeSciences At...

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Actelis Networks Appoints Industry Veteran Niel Ransom to Board of Directors, Enhancing Leadership in Secure Networking and Critical Infrastructure

Niel Ransom, a leader in networking technology and cybersecurity, joins Actelis as the company continues to strengthen its position in secure, high-performance networking for critical infrastructure, government, and intelligent transportation systems (ITS) FREMONT, Calif., Feb. 04, 2025 (GLOBE NEWSWIRE) — Actelis Networks, Inc. (NASDAQ:ASNS) (“Actelis” or the “Company”), a market leader in cyber-hardened, rapid deployment networking solutions for IoT and broadband applications, today announced the appointment of Dr. Niel Ransom, an industry veteran in networking, cybersecurity, and deep-tech investments, to its Board of Directors, effective immediately. Dr. Ransom is an industry luminary with nearly five decades of experience in networking and communications technology. He began his career at Bell Labs, contributing to industry-first...

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Catheter Precision, Inc.  Announces The Closing of its Acquisition of PeriKard, LLC

FORT MILL, S.C., Feb. 04, 2025 (GLOBE NEWSWIRE) — Catheter Precision, Inc. (NYSE American: VTAK), a U.S.-based innovative medical device company focused on electrophysiology products, today announces that it has closed the previously announced acquisition of PeriKard, LLC. David Jenkins, CEO of Catheter Precision, commented on the acquisition, “We are happy to have closed on this all-stock transaction within our anticipated timeline. The acquired technology will complement our emphasis on the ventricular therapeutic market and expectation for continuing growth in this market segment”. About Catheter PrecisionCatheter Precision is an innovative U.S.-based medical device company bringing new solutions to market to improve the treatment of cardiac arrhythmias. It is focused on developing groundbreaking technology for electrophysiology...

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SKYX to Present at LD Micro Summit Today February 4, 2025

MIAMI, Feb. 04, 2025 (GLOBE NEWSWIRE) — SKYX Platforms Corp. (NASDAQ: SKYX) (d/b/a “SKYX Technologies”), a highly disruptive smart platform technology company with over 97 issued and pending patents in the U.S. and globally, and over 60 lighting and home décor websites with a mission to make homes and buildings become smart, safe, and advanced as the new standard will participate in the inaugural LD Micro Summit, taking place on February 4, 2025, at the Lago Mar Beach Resort & Club in Fort Lauderdale, Florida. SKYX Platforms Corp. is scheduled to present on February 4, 2025, at 3:20 PM ET. Rani Kohen, Founder, Inventor, and Executive Chairman, and Lenny Sokolow Co-CEO of SKYX, will share insights on the company’s vision, corporate developments and opportunities. The LD Micro Summit is a premier event that brings...

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Yerbae Expands Colorado Distribution Through Eagle Rock Distributing and King Soopers, Seeking to Mirror Safety Shot’s Success in Major Supermarket Chains

SCOTTSDALE, Ariz., Feb. 04, 2025 (GLOBE NEWSWIRE) — Yerbaé Brands Corp. (TSX-V: YERB.U; OTCQX: YERBF) (“Yerbaé” or the “Company”), a plant-based functional beverage company, today announced a new distribution agreement with Eagle Rock Distributing Company (“Eagle Rock”), a full-service beverage distributor servicing retailers across Georgia and Colorado. Under the agreement, Eagle Rock will distribute Yerbae’s 12oz functional beverage product line to King Soopers locations throughout Colorado. King Soopers, a subsidiary of Kroger, is one of the largest supermarket chains in the Rocky Mountain region. This strategic partnership comes amidst a surge in consumer demand for plant-based, better-for-you alternatives in the beverage sector. Yerbaé, with its commitment to clean ingredients and natural energy, is well-positioned to capitalize...

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